retest of 8.7 before moving up, page-8

Chartwise, I don't see why it should bounce off 8.7. If some general market catastrophe occurs (luckily we haven't had one of those for a while now ;) ) then I can see anywhere down to 8c possible but only as a result of market panic.

If something were to go unexpectedly wrong with the Plant then we would be looking at a far worse scenario (and I would be looking for a cheaper home).

Currently the chart tells me that 9c looks OK as support in the little uptrend that seems to be forming, and with the current buy depth looking fairly solid between 8.5 and 9.1, I think we are seeing a nice garden variety consolidation before the next run (I hope).

The timing for the next sp surge is very clear:
It will occur precisely 3 days before I receive confirmation and access to a line of credit loan I have arranged to allow me to top up my holdings. I had originally hoped to pick some up at about 8.5c but I'll bet I'll be paying more. I'll have to settle for a smaller bargain than that which I had hoped to get.
However it will still be a bargain and a good one too.
Maybe I'll get lucky and it will do one more little dip for me to give me a last window of opportunity.

looking forward to pre-AGM lunch at the Hilton this year..

sasa